FET seems to have bottomed around Nov 2022, and if the waves are counted correctly, is currently on wave 3 of a bull cycle. If FET has the same exact cycle as it's last run, I am predicting a total return of 6383%. The 1:1 extension is 2038%. Will be interested to see how this plays out. This is just a prediction and not financial advise.
Dash has been in a markdown phase since Jan 2018. Retracement to the .618 level will be -99% from the top. Let's be patient and see what happens when price reaches .618 level. Elliot wave is a little funky on this one lol.
I posted a chart idea for ACH previously. ACH seemed to have a recent fakeout from the white trendline, and it looks like price will still have more to retrace. This is just a prediction, but I believe ACH will retrace to the .786 area( a bit past that, more than likely to the 1.618 of the rising wedge), form a mini accumulation zone and breakout. IF price breaks...
Did a quick elliot wave on Mana and it's looking very interesting. Let's see what happens when price retraces to the .618 level.
Will be interesting to see what happens when Gala retraces to that 1.618 zone.
ACH is nearing an important pullback point, the .786 retracement of the 1st breakout point. What will happen when ACH reaches this critical point? It could either continue dropping, or form an accumulation and breakout to the 1.618 extension.(Last breakout was to the 1.618 extension) This is not financial advice, just logging ideas to look back on.
I hadn't looked at my ETC chart in a while and decided to check it right before the dump, and noticed it was forming a nice bull flag right underneath the next fib up. Let's see if the Fib plays out. I clicked publish before actually seeing what price the fib is at, but it's the 2.618 extension fib(the red line). This is not trading advice, I'm logging this trade...
Based on this chart, I have a feeling BTC will go to the 1.618 Fib which is around 28k(check the chart for the exact number) I apologize for the formatting, on my phone
If price breaks the cloud it will more than likely pump to the 1.618 extension fib. For whatever reason the cloud is perfect on the 15min timeframe. This is not trading advice, trade at your own discretion, I am posting this to keep a log of different trades. Cheers and happy trading sorry for the double chart, thought I had formatted it before posting.
I put a Fib extension on the monthly, and this is what it shows. I guess it could be in play if the structure breaks on the M and BTC has a true bull run. Interesting huh?
The ending of the last bear market was an ascending triangle that retraced to the .786 level, re-tested, then took off out of the 3k range...let's see if BTC repeats history... Not making any calls, but will be interesting to see if this plays out
I decided to do a quick Elliot Wave on a W ETH chart, and this shows ETH may still have one more final leg down. This is a nice pump, but I don't believe ETH will break out here. This is just a theory with approximate and not exact targets or dates. Your opinions or criticisms are welcome. Just realized wave 5 should be a bit shorter in theory.
Just an idea. Planning to go long if ETH breaks out of the pattern its currently in.
BCH broke out of a bullish wedge-possible target of 45%. Place SL at retest level or bottom of the wedge. Breakout volume is lacking so target may not hit. This is not financial advice, trade at your own risk.
We are in retracement territory, and BTC has been hovering around the .5 retracement level, but we still have to finish wave C to complete the retracement. If the flag breaks down I might short until the .618 level to play it safe...if it breaks up then the retracement would be considered fulfilled and will go long for a nice wave up...If anything after the...
Hello Everyone, I think this is a path BTC may take. Final E wave up to 4.1k range, then a dump down to 2.2k range. I'm thinking of shorting from the peak of wave E. I am not a financial advisor so don't take this as trading advice, all criticism is welcome as I still have a lot to learn. Happy trading, be safe everyone!